BTCUSD Wave Count and Fibs Measurements is suggesting that this ''beast'' could be ''tamed" if a solid drop in price would occur. Wave Count is suggesting that a short-lived retracement could take place and then we could see 12250 as the last ATH before the "beast" would fall.
Nota
BTCUSD losing half its value after 12250
If 13500 will be forced, then it would only make the Bear Swing even worse.
Nota
BTC/USD could start falling towards 5500.00
If one more leg up, look for a proper Bearish Divergence.
Many pips ahead!
Nota
Bubble bursting soon:
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Wave Count Update:
14800.00 has been unlocked
Nota
Consolidation then last bigger swing, after that BTCUSD would most likely give up 30-40% of its gains:
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